BRENT forecast crude oil on April 18, 2017


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Quotes of BRENT oil continue to move near the region of $ 56 per barrel and at the moment there is still potential for falling quotes as part of the start of the development of the reversal Forex Head and Shoulders model with the potential target of a decline of $ 54 per barrel. In favor of the fall, a dense test of the downward trend line will appear on the indicator of relative strength. Abolition of the variant of falling quotations and oil prices will be a strong growth and breakdown of the region of 56.50 dollars per barrel, which will indicate the cancellation of the development of the reversal model.

BRENT forecast crude oil on April 18, 2017

BRENT forecast crude oil on April 18, 2017

BRENT forecast crude oil on April 18, 2017 involves an attempt to fall as part of the development of the Forex Model head and shoulders with the potential purpose of falling near the region $ 54 per barrel, the cancellation will be a breakdown of the region of $ 56.50.


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